Management consultancy activities (other than financial management)
+1
Registered Address
ocp offices 40 the cutts, dunmurry, belfast, BT17 9HS
Website
-
old channel property limitedEstimated Valuation
£264.6k
Pomanda estimates the enterprise value of OLD CHANNEL PROPERTY LIMITED at £264.6k based on a Turnover of £551.8k and 0.48x industry multiple (adjusted for size and gross margin).
old channel property limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of OLD CHANNEL PROPERTY LIMITED at £0 based on an EBITDA of £-163.7k and a 3.97x industry multiple (adjusted for size and gross margin).
old channel property limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of OLD CHANNEL PROPERTY LIMITED at £0 based on Net Assets of £-162.6k and 2.01x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Old Channel Property LimitedOverview
Old Channel Property Limited is a live company located in belfast, BT17 9HS with a Companies House number of NI601571. It operates in the development of building projects sector, SIC Code 41100. Founded in December 2009, it's largest shareholder is
ross ellerby
with a 50% stake. Old Channel Property Limited is a established,
small sized company, Pomanda has estimated its turnover at
£551.8k with
declining
growth in recent years.
Pomanda's financial health check has awarded Old Channel Property Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating0.5out of 5
0 Strong
3 Regular
7 Weak
Size
annual sales of £551.8k, make it smaller than the average company (£1.2m)
£551.8k - Old Channel Property Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -55%, show it is growing at a slower rate (2.1%)
-55% - Old Channel Property Limited
2.1% - Industry AVG
Production
with a gross margin of 42.1%, this company has a comparable cost of product (42.1%)
42.1% - Old Channel Property Limited
42.1% - Industry AVG
Profitability
an operating margin of -31.2% make it less profitable than the average company (9.9%)
-31.2% - Old Channel Property Limited
9.9% - Industry AVG
Employees
with 6 employees, this is similar to the industry average (5)
6 - Old Channel Property Limited
5 - Industry AVG
Pay Structure
on an average salary of £44.9k, the company has an equivalent pay structure (£44.9k)
£44.9k - Old Channel Property Limited
£44.9k - Industry AVG
Efficiency
resulting in sales per employee of £92k, this is less efficient (£188.7k)
£92k - Old Channel Property Limited
£188.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Old Channel Property Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (32 days)
28 days - Old Channel Property Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Old Channel Property Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 15 weeks, this is less cash available to meet short term requirements (23 weeks)
15 weeks - Old Channel Property Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 222.5%, this is a higher level of debt than the average (65.8%)
222.5% - Old Channel Property Limited
65.8% - Industry AVG
OLD CHANNEL PROPERTY LIMITED financials
EXPORT
Old Channel Property Limited's latest turnover from March 2022 is estimated at £551.8 thousand and the company has net assets of -£162.6 thousand. According to their latest financial statements, Old Channel Property Limited has 6 employees and maintains cash reserves of £69.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Turnover
551,823
3,606,885
2,954,109
5,991,210
7,219,095
7,194,086
1,352,340
211,556
133,386
151,922
99,931
127,669
Other Income Or Grants
Cost Of Sales
319,800
2,059,837
1,623,451
3,173,534
3,727,991
3,687,613
707,968
112,902
70,227
77,737
50,585
64,433
Gross Profit
232,023
1,547,048
1,330,658
2,817,676
3,491,104
3,506,473
644,372
98,654
63,159
74,184
49,347
63,236
Admin Expenses
404,270
1,558,862
1,299,873
2,830,382
3,478,807
3,510,935
643,080
92,781
63,880
74,094
51,390
59,811
Operating Profit
-172,247
-11,814
30,785
-12,706
12,297
-4,462
1,292
5,873
-721
90
-2,043
3,425
Interest Payable
3,375
1,525
Interest Receivable
968
144
82
856
576
91
125
133
96
111
62
22
Pre-Tax Profit
-174,654
-13,195
30,867
-11,850
12,873
-4,371
1,416
6,006
-625
201
-1,981
3,447
Tax
-5,865
-2,446
-283
-1,261
-48
-965
Profit After Tax
-174,654
-13,195
25,002
-11,850
10,427
-4,371
1,133
4,745
-625
153
-1,981
2,482
Dividends Paid
Retained Profit
-174,654
-13,195
25,002
-11,850
10,427
-4,371
1,133
4,745
-625
153
-1,981
2,482
Employee Costs
269,286
681,950
851,690
1,392,855
1,325,794
1,071,233
446,573
87,914
43,693
43,091
42,056
40,110
Number Of Employees
6
16
20
30
30
24
10
2
1
1
1
1
EBITDA*
-163,658
3,890
58,624
20,449
34,171
12,063
2,968
7,638
828
1,493
-1,015
4,215
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Tangible Assets
31,498
90,766
247,589
220,651
177,001
72,927
3,981
3,272
2,365
2,390
3,793
1,655
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
31,498
90,766
247,589
220,651
177,001
72,927
3,981
3,272
2,365
2,390
3,793
1,655
Stock & work in progress
34,085
222,625
21,800
Trade Debtors
598,974
388,285
916,212
1,402,159
1,407,386
7,089
17,660
Group Debtors
Misc Debtors
23,580
40,419
27,701
10,267
9,507
27,393
23,848
16,083
5,656
5,656
Cash
69,752
188,363
98,934
64,061
164,234
66,191
6,297
43,595
9,724
28,599
15,933
8,715
misc current assets
7,928
total current assets
101,260
827,756
514,920
990,540
1,609,985
1,723,595
51,945
43,595
25,807
34,255
28,678
26,375
total assets
132,758
918,522
762,509
1,211,191
1,786,986
1,796,522
55,926
46,867
28,172
36,645
32,471
28,030
Bank overdraft
Bank loan
Trade Creditors
25,302
578,743
438,688
964,086
1,496,264
1,542,914
41,993
28,043
35,891
31,870
25,448
Group/Directors Accounts
1,634
8,482
161,240
39
41
5,176
other short term finances
hp & lease commitments
16,095
16,945
31,457
26,515
9,398
other current liabilities
200,991
195,988
53,717
199,239
249,603
213,559
44,743
total current liabilities
227,927
799,308
670,590
1,194,821
1,772,423
1,765,871
49,919
41,993
28,043
35,891
31,870
25,448
loans
50,000
50,000
hp & lease commitments
17,465
57,194
66,704
16,157
2,500
29,015
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
67,465
107,194
66,704
16,157
2,500
29,015
total liabilities
295,392
906,502
737,294
1,210,978
1,774,923
1,794,886
49,919
41,993
28,043
35,891
31,870
25,448
net assets
-162,634
12,020
25,215
213
12,063
1,636
6,007
4,874
129
754
601
2,582
total shareholders funds
-162,634
12,020
25,215
213
12,063
1,636
6,007
4,874
129
754
601
2,582
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Operating Activities
Operating Profit
-172,247
-11,814
30,785
-12,706
12,297
-4,462
1,292
5,873
-721
90
-2,043
3,425
Depreciation
8,589
15,704
27,839
33,155
21,874
16,525
1,676
1,765
1,549
1,403
1,028
790
Amortisation
Tax
-5,865
-2,446
-283
-1,261
-48
-965
Stock
-34,085
-188,540
200,825
21,800
Debtors
-615,813
223,407
-510,493
-485,187
-23,113
1,410,931
23,848
-16,083
10,427
-7,089
-4,915
17,660
Creditors
-553,441
140,055
-525,398
-532,178
-46,650
1,542,914
-41,993
13,950
-7,848
4,021
6,422
25,448
Accruals and Deferred Income
5,003
142,271
-145,522
-50,364
36,044
168,816
44,743
Deferred Taxes & Provisions
Cash flow from operations
-96,283
62,809
-107,668
-42,821
232,772
112,037
-40,213
36,410
-17,447
12,555
10,322
11,038
Investing Activities
capital expenditure
50,679
141,119
-54,777
-76,805
-125,948
-85,471
-2,385
-2,672
-1,524
-3,166
-2,445
Change in Investments
cash flow from investments
50,679
141,119
-54,777
-76,805
-125,948
-85,471
-2,385
-2,672
-1,524
-3,166
-2,445
Financing Activities
Bank loans
Group/Directors Accounts
-6,848
-152,758
161,201
-2
41
-5,176
5,176
Other Short Term Loans
Long term loans
50,000
Hire Purchase and Lease Commitments
-55,824
-10,360
36,035
18,599
-9,398
38,413
other long term liabilities
share issue
100
interest
-2,407
-1,381
82
856
576
91
125
133
96
111
62
22
cash flow from financing
-65,079
-114,499
197,318
19,453
-8,781
33,328
5,301
133
96
111
62
122
cash and cash equivalents
cash
-118,611
89,429
34,873
-100,173
98,043
59,894
-37,298
33,871
-18,875
12,666
7,218
8,715
overdraft
change in cash
-118,611
89,429
34,873
-100,173
98,043
59,894
-37,298
33,871
-18,875
12,666
7,218
8,715
old channel property limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for old channel property limited. Get real-time insights into old channel property limited's credit score, group structure and payment trends.
Perform a competitor analysis for old channel property limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in BT17 area or any other competitors across 12 key performance metrics.
old channel property limited Ownership
OLD CHANNEL PROPERTY LIMITED group structure
Old Channel Property Limited has no subsidiary companies.
Ultimate parent company
OLD CHANNEL PROPERTY LIMITED
NI601571
OLD CHANNEL PROPERTY LIMITED Shareholders
The largest shareholders in Old Channel Property Limited include Ross Ellerby and Patricia Jane Wallace Ellerby.
ross ellerby
50%
patricia jane wallace ellerby
50%
old channel property limited directors
Old Channel Property Limited currently has 1 director, Mr Ross Ellerby serving since Dec 2009.
70229 - Management consultancy activities (other than financial management)
41100 - Development of building projects
incorporation date
December 2009
age
16
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2022
previous names
N/A
accountant
ALLEN FLEMING CA LIMITED
auditor
-
address
ocp offices 40 the cutts, dunmurry, belfast, BT17 9HS
Bank
-
Legal Advisor
-
old channel property limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to old channel property limited.
old channel property limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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old channel property limitedCompanies House Filings - See Documents
